Sign in

KINS on Nasdaq

Kingstone Companies

American fire company based in Hewlett, founded in 18861

Kingstone Companies, Inc., headquartered in Kingston, New York, provides property and casualty insurance products through its subsidiary, Kingstone Insurance Company. It places contracts with the third-party licensed premium finance company through its subsidiary Payments, Inc., a NYS licensed Insurance Premium Finance Company. Kingstone Insurance Company was ranked #1 of the 81 insurers rated by the Professional Insurance Agents Association in its 2010 Company Performance Survey.3 Its shares trade on Nasdaq under the symbol KINS.1 Wikipedia text CC BY-SA 4.0

Price unavailable

Last updated Oct 21, 2026.

Overview

1886Founded1

Compare with American Integrity Insurance Group, Inc., NI Holdings, Inc. or AMERISAFE INC, or pick any stock.

  • TickerKINS on Nasdaq1
  • IndustryFire, Marine & Casualty Insurance1
  • HeadquartersHewlett1
  • Websitewww.kingstonecompanies.com
  • Incorporated inDE4
  • Business address120 Wood Road, Kingston, Ny4
  • Filer categoryAccelerated filer, Smaller reporting company4

See how the biggest companies compare on our leaderboards

Kingstone Companies, Inc., headquartered in Kingston, New York, provides property and casualty insurance products through its subsidiary, Kingstone Insurance Company. It places contracts with the third-party licensed premium finance company through its subsidiary Payments, Inc., a NYS licensed Insurance Premium Finance Company. Kingstone Insurance Company was ranked #1 of the 81 insurers rated by the Professional Insurance Agents Association in its 2010 Company Performance Survey. The company sells insurance products include personal lines of insurance products, general liability policies commercial automobile policies and so on through independent retail and wholesale agents and brokers.3

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2025

19.0%Net margin6
38.5%Revenue growth, 20256
33.2%Return on equity6
0.03×Debt to equity6
$73.1MFree cash flow6

Where the money goes

Where each dollar of revenue went, fiscal 2025

  • Other costs76¢$163.8M
  • Income tax5¢$10.3M
  • Profit19¢$40.8M

Out of $214.9M in revenue.6

Where each dollar of operating cash went, fiscal 2025

  • Capital spending4¢$2.8M
  • Dividends paid2¢$1.4M
  • Kept or used elsewhere94¢$71.6M

Out of $75.9M of cash from operations.6

Financial statements

Revenue78910116$214.9M in 2025+48% since 2019
0$100.0M$200.0M$300.0M2019: $145.1M$145.1M20192020: $131.4M$131.4M2020−9%2021: $161.2M$161.2M2021+23%2022: $130.2M$130.2M2022−19%2023: $144.2M$144.2M2023+11%2024: $155.1M$155.1M2024+8%2025: $214.9M$214.9M2025+38%
Net income78910116$40.8M in 2025
-$40.0M-$20.0M0$20.0M$40.0M$60.0M2019: -$6.0M-$6.0M20192020: $972.4K$972.4K20202021: -$7.4M-$7.4M20212022: -$22.5M-$22.5M2022+205%2023: -$6.2M-$6.2M2023−73%2024: $18.4M$18.4M20242025: $40.8M$40.8M2025+122%

Every line of the income statement as filed: the last 2 fiscal years, latest first.6

Period ending2025-12-312024-12-31
Net premiums earned$187.1M$128.5M
Ceding commission revenue$15.7M$18.8M
Net investment income$9.8M$6.8M
Net (losses) gains on investments-$310.0K$414.6K
Realized gain on sale of real estate$2.0M$0
Other income$610.8K$568.1K
Total revenues$214.9M$155.1M
Loss and loss adjustment expenses$84.3M$62.6M
Commission expense$40.7M$33.9M
Other underwriting expenses$31.7M$25.7M
Other operating expenses$4.1M$3.6M
Depreciation and amortization$2.6M$2.4M
Interest expense$445.2K$3.5M
Total expenses$163.8M$131.9M
Income from operations before taxes$51.0M$23.3M
Income tax expense$10.3M$4.9M
Net income$40.8M$18.4M
Gross decrease in unrealized losses on available-for-sale-securities$7.5M$111.4K
Reclassification adjustment for losses included in net income$222.7K$14.0K
Net decrease in unrealized losses$7.7M$125.4K
Income tax expense related to items of other comprehensive income-$1.6M-$26.3K
Other comprehensive income, net of tax$6.1M$99.1K
Comprehensive income$46.9M$18.5M
Basic (in dollars per share)$2.93$1.60
Diluted (in dollars per share)$2.88$1.48
Weighted average common shares outstanding, Basic (in shares)13.9M shares11.5M shares
Weighted average common shares outstanding, Diluted (in shares)14.1M shares12.4M shares
Dividends declared and paid per common share (in dollars per share)$0.10$0.00

Compare Kingstone Companies with another company

Corporate structure

Kingstone Companies sits at the top of its group. 1 entity, 1 country on record. Switch between the flow chart and the network, and select any entity to see its details.

Major holders of Kingstone Companies

  • Kingstone Companies Hewlett

Built from major holders from Schedules 13D and 13G. Each entity in the chart links to its source.

What it owns

What Kingstone Companies reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Property and equipment

ItemLatestA year beforeChange
Property and equipment, before depreciation$30.6M6 Dec 31, 2025$31.3M6 Dec 31, 2024−2.2%
Accumulated depreciation$22.7M6 Dec 31, 2025$22.0M6 Dec 31, 2024+3.1%
Property and equipment, net$7.9M6 Dec 31, 2025$9.3M6 Dec 31, 2024−14.9%
Operating-lease assets (leased space)$136.2K6 Dec 31, 2025$06 Dec 31, 2024

Investments

ItemLatestA year beforeChange
Debt securities available for sale$186.9M11 Dec 31, 2024$148.9M11 Dec 31, 2023+25.5%
Debt securities held to maturity$7.0M11 Dec 31, 2024$7.1M11 Dec 31, 2023−0.1%
Deposits held (banks)$765.2K6 Dec 31, 2025$2.5M6 Dec 31, 2024−69.0%

Intangibles and goodwill

ItemLatestA year beforeChange
Finite-lived intangibles, gross$4.8M6 Dec 31, 2025$4.8M6 Dec 31, 20240%
Accumulated amortization$4.3M6 Dec 31, 2025$4.3M6 Dec 31, 20240%
Finite-lived intangibles, net$500.0K6 Dec 31, 2025$500.0K6 Dec 31, 20240%

Properties, in its own words

Effective March 1, 2025, we leased new principal executive office space at 120 Wood Road, Kingston, New York 12401. The new offices are held pursuant to a lease which expires on March 31, 2030 with a five year renewal option. Our insurance underwriting business is principally located at this office.

Prior to March 1, 2025, our principal executive offices were located at 15 Joys Lane, Kingston, New York 12401. In February 2025, 15 Joys Lane LLC, our subsidiary, entered into a contract of sale with Ulster County, New York (the

The rest of Item 2

“County”) for the sale to the County of such headquarters, along with an adjacent mixed-use property (collectively, the “Property”). The purchase price for the Property was $3,600,000. The sale closed in March 2025. The Company continues to own a vacant lot at 27 Joys Lane, Kingston, New York.

Item 2 of the 10-K filed Mar 16, 2026.15

The story

In 1886, the company was founded in Kingston, New York.

From Wikipedia’s article on Kingstone Companies, shared under CC BY-SA 4.0.5

Leadership

Who has led Kingstone Companies, and when. Pick a name to see everywhere that person has worked.

Chief executive

  1. Barry Goldstein2003–2022
  2. Dale A. Thatcher2019
  3. Meryl S. Golden2024–now

President

  1. Barry Goldstein2003–2022
  2. Curt Hapward2007
  3. Dale A. Thatcher2019
  4. Meryl S. Golden2024–now

Chief financial officer

  1. Barry Goldstein2003–2013
  2. Victor J. Brodsky2009–2020
  3. Pelt Scott Van2021
  4. Jennifer Gravelle2023–2025
  5. Randy L. Patten2025–now

Chief operating officer

  1. Jack Willis2004–2005
  2. Dale A. Thatcher2018
  3. Meryl S. Golden2019–2023
197019801990200020102020
Board members and other officers (22)

Products and brands

In December 2013, the company announced that it has commenced an underwritten public offering of 2,500,000 shares of its common stock to promote the insurance subsidiary, Kingstone Insurance Company.

In October 2020, Kingstone Companies, Inc. has reported its pre-tax disaster damages of net reinsurance between $8.5 million and $9 million for the third quarter of 2020.

From Wikipedia’s article on Kingstone Companies, shared under CC BY-SA 4.0.5

Former names

  • DCAP GROUP INCMar 23, 2005 to Jul 2, 20094
  • DCAP GROUP INC/Nov 12, 1999 to Feb 2, 20054
  • EXTECH CORPNov 13, 1995 to Jul 1, 19994

Timeline

  1. Aug 24, 20268-K Change of auditor48
  2. Aug 7, 20268-K Shareholder vote49
  3. Aug 6, 20268-K Results of operations; Regulation FD disclosure50
  4. Jul 23, 20268-K Regulation FD disclosure51
  5. Jul 16, 20268-K Results of operations; Regulation FD disclosure52
  6. May 20, 20268-K Regulation FD disclosure53
  7. May 7, 20268-K Results of operations; Regulation FD disclosure54
  8. Apr 27, 20268-K Regulation FD disclosure55
  9. Apr 20, 20268-K Executive or director change; Regulation FD disclosure56
  10. Apr 17, 20268-K Results of operations; Regulation FD disclosure57
  11. Apr 2, 20268-K Regulation FD disclosure58
  12. Mar 5, 20268-K Results of operations; Regulation FD disclosure59
  13. Jan 2, 2024New chief executive Meryl S. Golden becomes CEO16
  14. Jan 4, 2019New chief executive Dale A. Thatcher becomes CEO17
  15. Jul 2, 2009Went public Listed on NASDAQ1
  16. Aug 14, 2003New chief executive Barry Goldstein becomes CEO18
  17. 1886Founded Founded1

Calendar

Coming up

  1. Nov 5, 2026 · After the closeReports results for the quarter ending Sep/2026 A year earlier it reported $0.73 a share, on Nov 6, 2025.60

When it reported results

  1. Aug 6, 2026Reported quarterly or annual results50
  2. Jul 16, 2026Reported quarterly or annual results52
  3. May 7, 2026Reported quarterly or annual results54
  4. Apr 17, 2026Reported quarterly or annual results57
  5. Mar 5, 2026Reported quarterly or annual results59
  6. Feb 4, 2026Reported quarterly or annual results61
  7. Nov 6, 2025Reported quarterly or annual results62
  8. Oct 17, 2025Reported quarterly or annual results63

Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar

Filings

263 filings to the SEC since October 2021: 5 annual reports, 16 quarterly reports, 90 major events, 100 insider forms, 25 large holders, 27 other. The latest 20:

  1. Aug 26, 20264 EDGAR
  2. Aug 24, 20268-K FORM 8-K RE CHANGE IN ACCOUNTANTS EDGAR
  3. Aug 7, 20268-K ANNUAL MEETING EDGAR
  4. Aug 7, 202610-Q EDGAR
  5. Aug 6, 20268-K EDGAR
  6. Jul 23, 20268-K 8-K DATED JULY 23, 2026 RE DIVIDEND EDGAR
  7. Jul 16, 20268-K CURRENT REPORT FILING EDGAR
  8. Jun 25, 2026DEF 14A EDGAR
  9. Jun 23, 20264 EDGAR
  10. Jun 1, 20264 EDGAR
  11. May 20, 20268-K 8-K RE SHARE REPURCHASE PROGRAM EDGAR
  12. May 13, 20264 EDGAR
  13. May 8, 202610-Q EDGAR
  14. May 7, 20268-K EDGAR
  15. Apr 27, 20268-K CURRENT REPORT FILING EDGAR
  16. Apr 20, 20268-K 8-K DATED APRIL 17, 2026 RE M. GOLDEN EMPLOYMENT AGREEMENT EDGAR
  17. Apr 20, 20264 EDGAR
  18. Apr 17, 20264 EDGAR
  19. Apr 17, 20268-K CURRENT REPORT FILING EDGAR
  20. Apr 16, 2026144 EDGAR

The 263 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Insider trades

32 open-market trades by officers, directors and large owners since October 2021: 24 buys and 8 sales. Grants, option exercises and gifts are left out.

DateWhoTradeSharesPriceValueFiling
May 29, 2026Newgarden ThomasDirectorBuy8,000$14.99$120.0KForm 4
May 28, 2026Newgarden ThomasDirectorBuy6,000$15.50$93.0KForm 4
May 13, 2026Newgarden ThomasDirectorBuy15,201$14.36$218.3KForm 4
May 12, 2026Newgarden ThomasDirectorBuy15,301$14.52$222.2KForm 4
Apr 16, 2026Yankus William LDirectorSale13,500$18.00$243.0KForm 4
May 27, 2025Newgarden ThomasDirectorBuy12,500$16.77$209.6KForm 4
May 22, 2025Golden Meryl S.CEO, PresidentBuy5,000$15.93$79.7KForm 4
May 21, 2025Newgarden ThomasDirectorBuy11,000$16.11$177.2KForm 4
May 16, 2025D'Andre CarlaDirectorSale5,000$17.47$87.3KForm 4
Dec 13, 2024Yankus William LDirectorSale10,253$16.18$165.9KForm 4
Nov 26, 2024BRODSKY VICTOR JChief Accounting OfficerSale5,000$16.08$80.4KForm 4
Nov 21, 2024Newgarden ThomasDirectorBuy5,000$13.45$67.2KForm 4
Nov 20, 2024Newgarden ThomasDirectorBuy5,000$13.25$66.2KForm 4
Nov 19, 2024Newgarden ThomasDirectorBuy5,112$11.94$61.0KForm 4
Nov 15, 2024Chen MinleiChief Actuary and Senior VPBuy1,000$11.12$11.1KForm 4
Nov 15, 2024D'Andre CarlaDirectorBuy4,000$10.98$43.9KForm 4
Nov 15, 2024MCFADDEN TIMOTHY PDirectorBuy500$10.61$5.3KForm 4
Sep 6, 2023D'Andre CarlaDirectorSale2,500$1.75$4.4KForm 4
Aug 31, 2023D'Andre CarlaDirectorSale2,500$1.99$5.0KForm 4
Aug 30, 2023Golden Meryl S.CEO, PresidentBuy2,019$2.00$4.0KForm 4

All 32 trades can be filtered by person here when JavaScript is on.

From Forms 4 filed with the SEC.

Major holders

Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.

Executive pay

What the company paid its top executives, from the summary compensation table in its proxy statement. Total pay includes salary, bonus, stock and option awards and other pay, as the company valued them.

YearExecutiveAgeSalaryTotal pay
2025Meryl S. Golden66$550.0K$1.9M70
2025Randy L. Patten$140.3K$1.0M70
2025Sarah (Minlei) Chen$387.0K$838.4K70
2024Chief Executive Officerand President$500.0K$1.2M70
2024Chief Actuary andSenior Vice President, Kingstone Insurance Company$355.1K$708.1K70

Held by these funds

The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026, the top 25 of 100. Change is in shares since the quarter before.

FundSharesValueShare of the fundChange
BlackRock, Inc.830,266$15.8M0.0%+37,632
Royce & Associates LP611,067$11.6M0.1%+75,410
Vanguard Capital Management LLC501,114$9.5M0.0%+5,335
American Century Companies Inc390,632$7.4M0.0%+58,766
Renaissance Technologies LLC369,889$7.0M0.0%−23,600
Geode Capital Management, LLC316,518$6.0M0.0%+54,740
Gator Capital Management, LLC313,652$6.0M1.3%No change
Dimensional Fund Advisors LP313,391$6.0M0.0%+33,541
De Lisle Partners LLP304,037$5.8M0.6%No change
Cruiser Capital Advisors, LLC304,701$5.8M3.6%−29,010
Susquehanna International Group, Llp251,227$4.8M0.0%+202,604
Arrowstreet Capital, Limited Partnership209,268$4.0M0.0%+151,219
State Street Corp200,634$3.8M0.0%+2,562
Nuveen, LLC192,813$3.7M0.0%−3,479
Palisades Investment Partners, LLC148,764$2.8M0.8%−258
Panagora Asset Management Inc145,403$2.8M0.0%+31,992
Goldman Sachs Group Inc123,410$2.3M0.0%+7,048
Bridgeway Capital Management, LLC122,513$2.3M0.0%+24,163
Bleakley Financial Group, LLC103,194$2.0M0.0%−98,661
Vanguard Portfolio Management LLC95,894$1.8M0.0%+32,111
Northern Trust Corp92,827$1.8M0.0%+11,699
Evernest Financial Advisors, LLC87,135$1.7M0.3%−7,881
Vanguard Fiduciary Trust Co79,369$1.5M0.0%+589
Squarepoint Ops LLC76,366$1.5M0.0%−1,717
Morgan Stanley66,207$1.3M0.0%−50,560

13F reports cover disclosed long positions in U.S. stocks only.

SEC filer profile

How Kingstone Companies is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

  • Name on EDGARKINGSTONE COMPANIES, INC.2
  • CIK0000033992
  • Employer ID (EIN)36-247648015
  • Filer statusAccelerated filer not an emerging growth company; a smaller reporting company; not a shell company15
  • Incorporated inDelaware15
  • Fiscal year endsDecember 312
  • Industry code (SIC)6331 Fire, Marine & Casualty Insurance2
  • SEC reviewing officeOffice of Finance, Division of Corporation Finance2
  • Business address120 Wood Road, Kingston, NY2
  • Phone845-802-79002
  • Shares outstanding14,476,133 as of Aug 4, 202613
  • Public float$206.8M as of Jun 30, 202515
  • AuditorCBIZ CPAs P.C., Hartford, CT PCAOB ID 199; it also attests to the company’s internal control over financial reporting15
  • On EDGAR sinceNov 13, 19952
  • Filings1,215 in all: 4 (474), 8-K (313), 10-Q (56), SC 13D/A (45), 10QSB (37), 3 (29), DEF 14A (28), SC 13G/A (23)2
    All 49 form types

    10-K (19), SC 13D (15), SC 13G (13), 10KSB (12), 4/A (10), 5 (10), CORRESP (10), NT 10-Q (9), PRE 14A (9), S-8 (9), UPLOAD (9), NT 10-K (8), 10QSB/A (7), 8-K/A (7), 144 (6), EFFECT (6), 10-Q/A (5), PRER14A (5), S-3 (5), 10KSB/A (4), 424B2 (4), FWP (4), 424B5 (2), DEFA14A (2), S-3/A (2), SCHEDULE 13G (2), SCHEDULE 13G/A (2), 3/A (1), 305B2 (1), 424B1 (1), 424B3 (1), 5/A (1), D (1), DFAN14A (1), REGDEX (1), S-1 (1), S-1/A (1), S-1MEF (1), SB-2 (1), SB-2/A (1), SCHEDULE 13D (1)

  • Latest filingsAnnual report (10-K) Mar 16, 2026
    Quarterly report (10-Q) Aug 7, 2026
    Proxy statement (DEF 14A) Jun 25, 2026
    Latest 8-K (8-K) Aug 24, 2026

Securities registered for trading

ClassSymbolExchange
Common Stock, $0.01 par value per shareKINSNasdaq

From the cover page of the 10-K filed Mar 16, 2026 (Section 12(b) of the Exchange Act).15

Risk factors and legal proceedings

The risks Kingstone Companies names in Item 1A of its 10-K filed Mar 16, 2026: 31 risks under these headings, as written.15

  • Risks Related to Our Business
  • As a property and casualty insurer, we may face significant losses from catastrophes and severe weather events.
  • Unanticipated increases in the severity or frequency of claims may adversely affect our operating results and financial condition.
  • A ratings downgrade to our insurance subsidiary may impact our revenues and earnings.
  • The impact of pandemics and other public health issues (like COVID-19) and related risks could materially affect our results of operations, financial position and/or liquidity.
  • Adverse Legislative and/or Regulatory Action.
  • Operational Disruptions and Heightened Cybersecurity Risks.
  • Adverse capital and credit market conditions may significantly affect our ability to meet liquidity needs or our ability to obtain credit on acceptable terms.
  • We are exposed to significant financial and capital markets risk which may adversely affect our results of operations, financial condition and liquidity, and our net investment income can vary from period to period.
  • Reinsurance may be unavailable at current levels and prices, which may limit our ability to write new business.
  • Reinsurance subjects us to the credit risk of our reinsurers, which may have a material adverse effect on our operating results and financial condition.
  • Applicable insurance laws regarding the change of control of our company may impede potential acquisitions that our stockholders might consider desirable.
The other 20 risks
  • The insurance industry is subject to extensive regulation that may affect our operating costs and limit the growth of our business, and changes within this regulatory environment may adversely affect our operating costs and limit the growth of our business.
  • Because substantially all of our revenue is currently derived from sources located in New York, our business may be adversely affected by conditions in such state.
  • We may not be able to maintain the requisite amount of risk-based capital, which may adversely affect our profitability and our ability to compete in the property and casualty insurance markets.
  • Changing climate conditions may adversely affect our financial condition, profitability or cash flows.
  • Our operating results and financial condition may be adversely affected by the cyclical nature of the property and casualty business.
  • We are highly dependent on a relatively small number of insurance brokers for a large portion of our revenues.
  • Actual claims incurred may exceed current reserves established for claims, which may adversely affect our operating results and financial condition.
  • As a holding company, we are dependent on the results of operations of our subsidiary, KICO; there are restrictions on the payment of dividends by KICO.
  • Our future results are dependent in part on our ability to successfully operate in an insurance industry that is highly competitive.
  • If we lose key personnel or are unable to recruit qualified personnel, our ability to implement our business strategies could be delayed or hindered.
  • Difficult conditions in the economy generally could adversely affect our business and operating results.
  • Changes in accounting standards issued by the Financial Accounting Standards Board or other standard-setting bodies may adversely affect our reported results of operations and financial condition.
  • We could be adversely affected if our internal controls over financial reporting are not effective.
  • Our business could be adversely affected by a security breach or other attack involving our computer systems or those of one or more of our vendors.
  • We rely on our information technology, including artificial intelligence, and telecommunication systems, and the failure of these systems could materially and adversely affect our business.
  • We plan to enter the California market as well as other markets, but there can be no assurance that our diversification and growth strategy will be effective.
  • Risks Related to Our Common Stock
  • Our stock price may fluctuate significantly and be highly volatile and this may make it difficult for stockholders to resell shares of our common stock at the volume, prices and times they find attractive.
  • The trading volume in our common stock has been limited. As a result, stockholders may not experience liquidity in their investment in our common stock, thereby potentially limiting their ability to resell their shares at the volume, times and prices they find attractive.
  • There may be future issuances or resales of our common stock which may materially and adversely affect the market price of our common stock.
  • Anti-takeover provisions and the regulations to which we may be subject may make it more difficult for a third party to acquire control of us, even if the change in control would be beneficial to our stockholders.

Sources

The numbers on this page point here. Each one links to the record it came from.

  1. 1
  2. 2
  3. 3
  4. 4
  5. 5
  6. 6
  7. 7
  8. 8
  9. 9
  10. 10
  11. 11
  12. 12
  13. 13
  14. 14
  15. 15
  16. 16
  17. 17
  18. 18
  19. 19
  20. 20
  21. 21
  22. 22
  23. 23
  24. 24
  25. 25
  26. 26
  27. 27
  28. 28
  29. 29
  30. 30
  31. 31
  32. 32
  33. 33
  34. 34
  35. 35
  36. 36
  37. 37
  38. 38
  39. 39
  40. 40
  41. 41
  42. 42
  43. 43
  44. 44
  45. 45
  46. 46
  47. 47
  48. 48
  49. 49
  50. 50
  51. 51
  52. 52
  53. 53
  54. 54
  55. 55
  56. 56
  57. 57
  58. 58
  59. 59
  60. 60
  61. 61
  62. 62
  63. 63
  64. 64
  65. 65
  66. 66
  67. 67
  68. 68
  69. 69
  70. 70